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1. User23+(OP)[view] [source] 2024-06-14 16:27:32
Those “huge” tax cuts only cost 100 billion per year according to the NYT[1]. That’s nowhere near the trillion dollars added per year to the debt every year by reallocating the 2009 stimulus by continuing resolution for 15 years in a row and counting[2].

In fact as one can see from the data, the rate of increase slightly moderated during the Trump administration until the pandemic stimulus. Notably there is no corresponding end of pandemic inflection point.

[1] https://www.nytimes.com/2024/03/04/us/politics/trump-corpora...

[2] https://fred.stlouisfed.org/series/GFDEBTN

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